Flywheel market to grow 12% yearly, says report

We rarely report on flywheels – something of a Cinderella technology in the energy storage sector – so it’s great to be able to say that the industry has a healthy future, according to a report from TechNavio.

The report forecasts a CAGR of 12.35% from 2011-2015 for the Americas, EMEA and the APAC territories. It also analyses the market landscape and includes a discussion of the key vendors operating in this market.